Foxconn: Foxconn to invest $1.5 billion to give a big push to Apple’s ‘made in India’ plans

Foxconn: Foxconn to invest .5 billion to give a big push to Apple’s ‘made in India’ plans

One of Apple’s biggest manufacturing partner is Taiwan-based Foxconn Technology and has been heavily involved in India as well. Now, according to a report by CNBC, Foxconn is set to invest $1.5 billion in India for “operational needs”. This was revealed in Taiwanese security filings. As per the security filings, the investment was made through …

Read more

India Second Largest Phone Maker With 2 Billion ‘Made in India’ Shipments Between 2014 and 2022: Counterpoint

India Second Largest Phone Maker With 2 Billion ‘Made in India’ Shipments Between 2014 and 2022: Counterpoint

India’s mobile phone manufacturing industry has achieved a significant milestone, producing over 2 billion mobile phones from 2014 to 2022. This accomplishment has solidified India’s position as the world’s second-largest mobile manufacturing country. The growth of this industry can be attributed to various factors, including the government’s Make in India initiative, which has incentivized local …

Read more